#大户持仓动态 $BTC weekend market review



The Bitcoin price movement from last night to this morning has been quite interesting — it first surged from 87698 up to 88434, then lost momentum and started to plummet, even dropping to around 87821 during the midday period. Ethereum's performance was similar, rising from 2965 to 2984 before starting to dive, and is currently hovering around 2960.

Looking at the daily chart, it indeed found support at the lower Bollinger Band and rebounded with two bullish candles. But to be honest, this kind of rebound lacks momentum. Once the price tries to go up, it quickly turns back down. The MACD histogram shows no significant volume increase above the zero line, and the indicator's two lines are still below the zero axis, so from a broader perspective, the trend has not truly reversed.

Switching to the 4-hour timeframe makes it more obvious – after a period of chaotic fluctuations, the market begins to move downward, with prices approaching the middle band of the Bollinger Bands. The three lines of the RSI start to turn downward, and the KDJ also forms a standard death cross pattern. From a technical perspective, the bears have the advantage.

**Recent Thoughts**:
- BTC: Consider shorting near 88500, looking down to 86500.
- ETH: Consider shorting around 3000, looking down to 2850.

Short-term volatility will definitely continue, and this fluctuation is unavoidable before the market confirms its direction.
BTC0.55%
ETH0.62%
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GateUser-afe07a92vip
· 3h ago
Hmm... This rebound is just tricking us to buy the dip, the momentum is really lacking. --- Wait a minute, the MACD is still below the zero line, and you dare to chase rising prices? --- The bears are right about this point, 88500 really is a good short point. --- It's another chaotic weekend trend, I am increasingly hating this time period. --- The support from the Bollinger Bands feels a bit forced, if it breaks, it's going straight to 86500. --- What's Ethereum doing at 2960, it would be nice to confirm the direction earlier. --- The KDJ death cross has formed and there are still people calling for a reversal, that's honestly a bit funny. --- If it really gets down to 86500, then that's the time to position. --- Every time it's said that the momentum is lacking, the result still depends on whether the support breaks or not.
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ProbablyNothingvip
· 7h ago
The dumping has started again, this rebound is really meaningless, the 88500 short positions are holding strong.
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ForkThisDAOvip
· 7h ago
It's the same old script of the Bollinger Bands death cross again. Every time they say the bears have the advantage, it ends up with a pump, I'm exhausted.
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DaoDevelopervip
· 7h ago
tbh the macd showing no real conviction up here is what gets me... feels like we're just grinding sideways until someone decides to push this lower. 86.5k doesn't sound crazy if the bears keep the pressure on
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PhantomHuntervip
· 7h ago
It's another one of those fake-out market moves; I bet on shorting at 88500 this time.
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SignatureDeniedvip
· 8h ago
The Bollinger Bands are acting up again, I really dislike this kind of weak rebound trend, and the short positions still have to keep waiting.
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PrivacyMaximalistvip
· 8h ago
It's the same old trick again, when the rebound is weak, just smash it directly, it's annoying to watch.
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